TLR Local Radio

RNS Number:5105P
Local Radio Company PLC (The)
06 March 2008


TR-1:              NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing  The Local Radio Company plc
shares to which voting rights are attached:

2. Reason for the notification (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights                                    X

An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

3. Full name of person(s) subject to the notification           The Goldman Sachs Group, Inc.
obligation:

4. Full name of shareholder(s) (if different from 3.):          Goldman Sachs International

5. Date of the transaction (and date on which the threshold is  3 March 2008
crossed or reached if different):

6. Date on which issuer notified:                               5 March 2008

7. Threshold(s) that is/are crossed or reached:                 11%

8. Notified details:


A: Voting rights attached to shares
Class/type of    Situation previous to Resulting situation after the triggering transaction
shares           the Triggering
                 transaction
if possible      Number of  Number of  Number of    Number of voting rights   % of voting rights
using the ISIN   Shares     Voting     shares
CODE                        Rights     Direct       Direct       Indirect     Direct       Indirect
GB00B0108C60     9,155,177  12.72%     0            7,255,177    0            10.08%       0.00%






B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument                           Period/ Date              that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted
N/A                  N/A             N/A                       N/A                        N/A


Total (A+B)
Number of voting rights                            % of voting rights
7,255,177                                          10.08%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable:

The interest in 7,255,177 shares arose from a beneficial interest held by Goldman Sachs International, a wholly-owned
indirect subsidiary of GS Inc. These shares are, or will be, registered at CREST in account CREPTEMP.


Proxy Voting:

10. Name of the proxy holder:                                      N/A

11. Number of voting rights proxy holder will cease to hold:       N/A

12. Date on which proxy holder will cease to hold voting rights:   N/A






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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